Welspun shares rally 11% to record high as Q4 profit more than doubles, debt drops

Welspun Q4 net profit surged 143% YoY to Rs 699.2 cr, boosting the stock 11% to a record Rs 903.2.

Co cut gross debt by Rs 1,000 cr, ended FY25 as a net cash firm with Rs 1,049 cr in reserves.

FY26 revenue forecast at Rs 17,500 cr; strong order book of Rs 19,500 cr with global expansion plans.

Final dividend of Rs 5/share approved; stock up 47% in a year, aided by sector-wide rally in metals.